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Riyadh

Saudi Arabia set to welcome 300 millionaires in 2024

by Ron Morgan
Saudi Arabia set to welcome 300 millionaires in 2024

The Kingdom of Saudi Arabia (KSA) is expected to welcome up to 300 millionaires in 2024 as the Kingdom continues to attract high-net-worth individuals (HNWIs). British consulting firm Henley & …

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China’s venture capital ‘godfather’ Neil Shen exits board of food delivery giant Meituan

by Anas Siddiqui
China’s venture capital ‘godfather’ Neil Shen exits board of food delivery giant Meituan

Shen, 56, retired from that role owing to “other business commitments”, and there is no disagreement between him and the Beijing-based company’s board, according to Meituan’s filing to the Hong …

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Performing Haj without a permit is sin, says Saudi Grand Mufti

by Ron Morgan
Performing Haj without a permit is sin, says Saudi Grand Mufti

Riyadh: The Kingdom of Saudi Arabia’s Grand Mufti and Chairman of the Council of Senior Scholars Sheikh Abdul Aziz Al-Sheikhq, has emphasized that performing Haj without a permit is considered …

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Chinese food delivery giant Meituan beats estimates to post 25% quarterly revenue increase

by Anas Siddiqui
Chinese food delivery giant Meituan beats estimates to post 25% quarterly revenue increase

Meituan, China’s biggest on-demand services provider, on Thursday reported a higher-than-expected 25 per cent year-on-year increase in first-quarter revenue, boosted by gains from its core local commerce operations led by …

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Filipino conjoined twins successfully separated in Riyadh

by Ron Morgan
Filipino conjoined twins successfully separated in Riyadh

Riyadh: Surgeons in the Kingdom of Saudi Arabia (KSA) on Thursday, June 6, successfully separated Filipino conjoined twins— Akhizah and Ayeesha Yusoph after a complex surgery at King Abdullah Specialist …

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Hong Kong and Saudi regulators explore pact for financial services, ETFs

by Anas Siddiqui
Hong Kong and Saudi regulators explore pact for financial services, ETFs

The regulators of Hong Kong and Saudi Arabia will explore ways to cross-list exchange traded funds (ETFs) and foster two-way fund flows, according to the Securities and Futures Commission (SFC). …

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Road in Riyadh named after late Saudi poet Prince Badr

by Ron Morgan
Road in Riyadh named after late Saudi poet Prince Badr

Riyadh: The Kingdom of Saudi Arabia’s King Salman bin Abdulaziz has issued a directive to name a road in Riyadh after the late poet Prince Badr bin Abdul Mohsen bin Abdulaziz Al Saud. …

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US prepares to lift ban on sale of offensive weapons to Saudi Arabia

by Walter Watson
US prepares to lift ban on sale of offensive weapons to Saudi Arabia

The United States is expected to lift a ban on the sale of offensive weapons to Saudi Arabia, potentially in the coming weeks, the Financial Times reported on Sunday. Washington …

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In a 1st in Saudi Arabia, Abha International Airport becomes ‘silent’ airport

by Ron Morgan
In a 1st in Saudi Arabia, Abha International Airport becomes ‘silent’ airport

The airport authorities in Saudi Arabia have announced the transformation of Abha International Airport into a ‘silent’ airport, marking the first airport in the Kingdom, local media reported. This initiative …

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Fury, Usyk set for historic fight, who snatches the big crown?

by Virginia Chavez
Fury, Usyk set for historic fight, who snatches the big crown?

On Saturday, two undefeated heavyweight boxers, Tyson Fury and Oleksandr Usyk, will clash in the Kingdom Arena, Riyadh, Saudi Arabia, with all the major heavyweight titles at stake – WBC, …

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